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Equifax Q2 Revenues up 6% – Merges Brazilian Operation with Boa Vista Servicos S.A.

Equifax Inc. (NYSE: EFX) today announced financial results for the quarter ended June 30, 2011. The company reported revenue from continuing operations of $487.1 million in the second quarter of 2011, a 6 percent increase from the second quarter of 2010. Richard F. Smith, Chairman and CEO stated:   “Overall performance in the second quarter was solidly in line with our ... Read More »

BIIA Welcomes High Mark Credit Information Services India as a new Member

High Mark is the fourth credit information bureau in India and received its Certificate of Registration from the Reserve Bank of India (RBI) in 2010. High Mark, brings together advanced identity management technology from its own research team and draws global best practices in top tier bureau technology from CBC Companies (USA) , European Leader in Credit Bureau environment – ... Read More »

Australian Risk Climate: Two-Thirds of Businesses Fail To Pay Bills

The number of firms paying bills over three months late jumps 20 percent According to the latest Dun & Bradstreet Australia Trade Payment Analysis, which examines business to business payment terms for the June quarter 2011, Australian businesses are taking almost a full month longer than average to pay their bills, with national payment terms reaching 53.4 days during the ... Read More »

CRIF / EFMA European Survey Examines Strategies on Responsible Lending

CRIF and EFMA conducted a survey which examines the strategies put in place over the last year by lenders in 16 European countries in reaction to the economic crisis, to counteract over indebtedness among retail customers, and pursue an approach based on responsible lending. The CRIF/EFMA report also looks at regional variations of the implementation of the EU Consumer Credit ... Read More »

Sinotrust Publishes First Issue of China Automotive Consumer Trends Report

Different regions show remarkable variations in automobile consumption, and consumers in the Yangtze River Delta have the most advanced consumption concept Beijing, July 14, 2011—-Sinotrust and Auto.Sohu. jointly released the first issue of China Automotive Consumer Trends Report on July 14. Wang Chunyan, who is in charge of the Report and General Manager of Sinotrust Automotive Marketing Strategy Services, pointed ... Read More »

Credit Management in China: Making Up For Lost Lessons in Credit Risk Awareness

Author: Fu Junsheng, Consultant Director of Sinotrust Credit Risk Consulting Services explains that gaining and solidifying credit risk awareness involve three stages and seven steps, which are necessary to get credit risk awareness embodied in daily work of employees.  To read the full story click on the link:  July 2011 Sinotrust Opinions_Make up a Missed Lesson of Credit Risk Awareness (2) Read More »

BIIA Welcomes Creditsafe as a New Member

Creditsafe has joined BIIA as an Associate Member The Creditsafe Group is one of Europe’s newest provider (launched in 2002) of on-line company credit information. Creditsafe has evolved swiftly since its launch in Norway and now more than 50,000 organizations across Europe benefit from our innovative suite of on-line credit information supplied from our operations in the UK, Germany, France, the ... Read More »

Equifax Adds Lost Wallet Assistance to Its Credit Monitoring and Identity Protection Product

Equifax (NYSE: EFX), a leading provider of credit information and identity protection solutions announced the addition of lost wallet assistance to its consumer credit monitoring and identity protection product Equifax Complete Premier Plan™.   The new feature provides consumers with around-the-clock access to a team of identity theft specialists who can assist them with completing the necessary steps to restore the ... Read More »

Serials Solutions Summon™ Service Continues to Expand Content with Hoover’s Company Records

SEATTLE – July 14, 2011 – Serials Solutions, a business unit of ProQuest LLC, today announced it has signed an agreement with Hoover’s, Inc. to enable the discovery of Hoover’s Company Records content from the Summon™ web-scale discovery service. With the inclusion of Hoover’s Company Records, researchers now will have access to the most thorough and up-to-date business information for their ... Read More »

Hellastat Greece Acquires Credit Info Hellas (Alpha Mi)

Hellastat and Credit Info Schufa Group announced that they have successfully concluded the transfer of 100% of shares of Credit Info Hellas to Hellastat. Mr Panos Michalopoulos, Managing Partner of Hellastat and new CEO of Credit Info Hellas stated that “current economic conditions in Greece demands similar entities within an industry to join forces as to provide services of higher ... Read More »

Australian Risk Climate: Consumers struggle to manage debt burden

 One in three Australians will struggle to meet credit commitments in the September quarter Almost one third of Australians will struggle to meet their credit commitments in the September quarter, and 37 percent intend to use their credit card to purchase something they could otherwise not afford. Twenty-one percent say their household debt will increase over the next three months, ... Read More »

Transparency: Keeping an Eye Out

Revealing the Truth Behind Corporate Lies Background-checking financial records, balance sheets and even key individuals in a firm before signing a deal with them are an essential part of international business today, and may even be a legal pre-requisite. Questions everyone setting up a deal with a foreign or even domestic company should be asking are: How do you deal ... Read More »

Creditreform Annual Report 2010: Steady Growth Despite Difficult Times

Creditreform Germany reports steady growth in revenues during a difficult year.   Global revenues in 2010 were Euro 543 million versus Euro 533 million in 2009.  Revenues of domestic (German market) credit information grew from Euro 257 million to Euro 262 million.  Accounts receivables and factoring revenue grew from Euro 193 million to Euro 200 million.   International revenues grew from Euro ... Read More »